H.I.G. Capital Raises $500 Million Growth Equity Fund

MIAMI -July 6, 2011 - H.I.G. Capital, LLC, announced today that it has successfully closed H.I.G. Growth Equity Fund II, L.P. (the “Fund”). The Fund held its final closing on June 30, 2011 with total aggregate commitments at its $500 million cap.

The Fund will make private equity investments in strong, growth oriented small-capitalization businesses located throughout North America and Europe. The Fund will invest in a wide range of industries with a focus on certain growth verticals in market sectors where H.I.G. has extensive experience and resources including business services, healthcare, tech-enabled businesses, interactive media and industrial technology.

About H.I.G. Capital
H.I.G. Capital is a leading global private equity investment firm with more than $8.5 billion of equity capital under management that specializes in acquisitions and recapitalizations of small and middle-market businesses. Based in Miami, and with offices in San Francisco, Atlanta, Boston, and New York in the U.S., as well as affiliate offices in London, Hamburg and Paris in Europe, H.I.G. specializes in providing capital to companies with attractive growth potential. Since its founding in 1993, H.I.G. Capital has been one of the most active investment firms in the middle market, completing more than 200 transactions and currently managing a portfolio of more than 50 companies world-wide with combined revenues in excess of $8 billion. H.I.G. invests in management-led buyouts and recapitalizations of profitable and well managed service or manufacturing businesses. H.I.G. also has extensive experience with financial restructurings and operational turnarounds. For more information, please refer to the H.I.G. website at www.higcapital.com.